The developers of the proposed Margaritaville Hollywood Beach Resort closed on a construction loan as the project hits another milestone.
July 19, 2013 at 07:00 PM
1 minute read
The developers of the $147 million Margaritaville Hollywood Beach Resort have closed on a $35 million construction loan as the long-stalled project pushes forward.
The loan recorded Thursday by Broward County was signed July 16. Bank of the Ozarks, a Dallas-based lender, provided the loan to Margaritaville, which was represented at closing by Starwood Capital Group.
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